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BUSINESS NEWS

Latest business news updates about the stock markets, economy, personal finance, property and Kiwisaver.

China clears Boeing 787s for take-off
17:00 Fri May 24 2013
Chinese airlines have been cleared to fly Boeing's high-tech 787, which last month was cleared to return to service after a worldwide grounding.
16:04 Fri May 24 2013
Former Greymouth Petroleum chief operating officer John Sturgess must sell his stake in the company following a High Court ruling.
14:04 Fri May 24 2013
A share purchase plan for mobile ads company Snakk Media, seeking funds for expansion, has been over-subscribed.
Amazon's Kindle Fire goes to 170 countries
12:48 Fri May 24 2013
Amazon's Kindle Fire, which starts in the US market at $US159 ($A164), will start shipping to more than 170 additional countries by June 13.
Google captures Galapagos Island beauty
12:30 Fri May 24 2013
A Google Maps team toting 360-degree cameras has hiked trails, hills and even into a live volcano to take Street View pictures of the Galapagos Islands.
11:09 Fri May 24 2013
New Zealand's $157 million trade surplus in April was a third less than forecast by economists, with a 46 per cent jump in petroleum imports.
Apple wants patent case to include Galaxy
10:00 Fri May 24 2013
Apple wants Samsung's Galaxy smartphone included in a lawsuit that targets its Siri personal assistant, saying it also uses the patents concerned.
09:42 Fri May 24 2013
US Federal Reserve chairman Ben Bernanke's comments on quantitative easing have failed to send the NZ dollar under the US80c barrier.
09:34 Fri May 24 2013
The UN has revised downward its forecast for the world economy to 2.3 per cent growth this year, followed by 3.1 per cent in 2014.
Company fined after 120k of fake bidding
07:30 Fri May 24 2013
Fake bidding in the largest case in Trade Me's history has cost an Auckland car company $122k in compensation and a $42k fine.
06:53 Fri May 24 2013
UK gross domestic product (GDP) grew in the January-March period, after falling by 0.3 percent in the final three months of 2012.
23:18 Thu May 23 2013
The shares of Indian pharmaceutical firm Ranbaxy have dived after its Japan parent said it was misled about a US probe into its operations.
18:09 Thu May 23 2013
The New Zealand stock market fell as investors questioned the strength of China's economy and policy in the US.
Veolia Transport almost doubles profit
18:00 Thu May 23 2013
The French company which runs commuter trains in Auckland has increased revenue and profit and is controlling costs.
17:35 Thu May 23 2013
The New Zealand dollar has fallen to an eight-month low and it is expected to come under further pressure.
16:46 Thu May 23 2013
Sluggish demand for exports has seen Singapore's economy slow in the first quarter, government data shows.
16:37 Thu May 23 2013
Accounting systems provider Xero has rewarded investors but it is still reporting losses as it expands offshore.
14:44 Thu May 23 2013
For the first time in seven months, China's manufacturing activity has contracted, HSBC says.
14:13 Thu May 23 2013
Green groups are accusing the government of doing a swift deal in allowing an Australian company a new Buller coal mine in exchange for $22m.
13:13 Thu May 23 2013
Fronde Systems is considering ways of funding an expansion in Australia after reporting a jump in profit.
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